Common use of Limitation on Transfer Clause in Contracts

Limitation on Transfer. (a) The Warrant and the Preferred Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act. Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 4 contracts

Samples: Loan and Security Agreement (Adforce Inc), Loan Agreement (Adforce Inc), Loan Agreement (Exodus Communications Inc)

AutoNDA by SimpleDocs

Limitation on Transfer. (a) The Warrant and the Preferred Common Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act. Each holder of this Warrant or the Preferred Common Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Common Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 4 contracts

Samples: Loan Agreement (Digital Generation Systems Inc), Loan Agreement (Active Software Inc), Loan Agreement (Digital Generation Systems Inc)

Limitation on Transfer. (a) The Warrant and the Preferred Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act of 1933, as amended (the "Act"). Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or of Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Limitation on Transfer. (a) The Warrant and the Preferred Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act of 1933, as amended (the "Securities Act"). Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (New Focus Inc)

Limitation on Transfer. (a) The This Warrant and the Preferred Stock shall not be transferable except upon without the prior written consent of the Company (which shall not be unreasonably withheld or delayed) and then only after compliance with the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act. Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Oculus Innovative Sciences, Inc.)

AutoNDA by SimpleDocs

Limitation on Transfer. (a) The Warrant and the Preferred Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure compliance with the provisions of the Securities Act of 1933, as amended (the "Securities Act"). Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 1 contract

Samples: Loan and Security Agreement (New Focus Inc)

Limitation on Transfer. (a) The This Warrant and the Preferred Stock shall not be transferable except upon the conditions specified in this Section 2, which conditions are intended to insure ensure compliance with the provisions of the Securities Act. Each holder of this Warrant or the Preferred Stock issuable hereunder will cause any proposed transferee of the Warrant or Preferred Stock to agree to take and hold such securities subject to the provisions and upon the conditions specified in this Section 2.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (MeetMe, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.